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and recreation in china town. the committee is a voluntary organization that has worked with the commission of open space issues over 40 years. we starred in 1969 despite attempt business a developer to turn a playground into a garage. i'm here to speak on the proposed regulation regarding prioritis for the transbay open space impact fees. we are recognized as a es for the transbay open space impact fees. we are recognized as a high needs neighborhood. 40% of our stock in china town is made up of sro units, single room occupancy units that are eight-by-ten. there is barely enough room for a bed. when there is a bed it is standing room only. there is no bathroom in there. no kitchen. there's no closet. if you need to go to the bathroom you need to take with you a flashlight. take with you toll let paper and towels. maybe you need to take with you alcohol or other cleaning solution to clean the toilet. if you leave your toilet paper or soap, somebody is going to take it or steal it. you cannot cook in your unit because there's no kitchen. you have to use a community kitchen. sometimes it does
. >>> as the governments of japan and china over the islands, some japanese were caught in the middle. we have one man's story. >> reporter: people in the city mark the 40th anniversary of normalizing diplotic ties between japan and china. he remained in the city where he lived for 50 years. a china couple adopted and raised the japanese youngster. as an adult he worked for a railway company and eventually he became station master. >> translator: i couldn't have survived after the war if my foster parents hadn't taken me in and given me such good care. they were so kind. >> reporter: but watanabe never forgot japan. looking at the picture of mount fuji always pulled at his heart strings. before he moved to china he could see it from his house. so pictures of mountains also surge memories of home. finally, he was able to set foot on the land of his birth in 1988, watanabe visited japan with others displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find them. even so he chose to return to japan for good. he and his chinese wife
million in china town area. that was done for a couple of reasons, many of which have been discussed in the hearings leading up to this conversation. essentially that china town is the densest in san francisco, the most open space poor, as you often hear in our conversations here, and that the analysis the planning department did indicated much of the spillover from increased density created by the new housing and new office space in the plan area would affect not just the downtown and south of market by china town. what is before you today is affirming and supporting what the planning commission did on october 18th. to prioritize spending those impact fees in the china town neighborhood. i want to note quickly the ipic committee on which the rec department has a seat is body charged with the actually allocation of those fees. i believe we talked a little about that in the september hearing but happy to answer more questions on that, as necessary. >> is there any public comment on this item? please come forward. >> good morning, aim may chan. i'm a legislative advisor for david chu.
of china-america capital joins us on this jobs friday. tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play
line of mac computers in china, apple is set to bring some of its manufacturing jobs back home to the usa. is this a political move or is this a clear-cut economic manufacturing move? here to discuss is "forbes" columnist and china export gordon chang, the author of "the coming collapse of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think appl
by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is something they want to do that they want to manufacture here in the united states, it's a big deal. it's a big differentiate tore for this company. >> reporter: this is the image that apple likes to show. that has been tarnished by sweat shop conditions at the chinese factories. nets were installed outside the dormitories run by apple contractor to prevent suicides after several contract workers jumped to their deaths. after widespread media reports apple began to improve conditions. >> they love the computers but we were saying i don't know, it's not conscious consumerism which is what we're looking at now. where is your money going. what is it supporting? >> reporter: made in america may be an emerging trend. apple is
than china. it is a very significant number. we do it better and less expensively. cheryl: a report saying it would be a good thing for this country if we begin to export natural gas. it would be good for the u.s. economy. some, especially in washington, saying it would be a bad thing. it would be a job killer. >> it is hard to me to figure that out. i think we have to find a balance between exports and the cheap fuel in the united states which will cause that energy less dependence. cheryl: it would be nice to see some job creation. janet, of course, we will have you back in just a little bit. "the closing bell" will be ringing 51 minutes from now. natural gas exports may be poised for takeoff. it may have some unintended consequences. find out why dow chemical chief andrew liveris believes the gas surge is a job killer. wait until you hear what he has to say about dividends before year end. his one-on-one with liz claman is coming up. keep it right here. ♪ streamline the process? at fidelity, we it by merging two toolinto one, combining your customized char with leading-edge an
'm with the "world journal" could you address the growing chinese assertivenesses the south china sea and the east china sea -- the foreign ships are going territorial waters. so are you going participate in the coming events? and what can that message -- [inaudible] thank you. >> well, thank you for that question. of course, the issues that are being faced today in the south china sea and other areas in the north and central east asia, i think are complicated because of the nature of the territorial disputes. some of them historic, some of them now driven by the need for access to resources in those areas, and i think, to some degree has motivated some of the activities you see seeing there. the u.s. position, as you know, we don't take sides on territorial dispute. there's many of those around the globe not just around the south china sea. we want them resolved peacefully, without coerce. and that we call on all the parties there including the chinese to ensure that as the approach the problems they do so in a way that avoids con flict within that avoids miscalculation, that using the vehicles a
in the chinese culture i wanted to write about china. i wanted to find out more about myself because of i was raised in the bay area and because i didn't know culturally a lot of things i wanted to know. i knew i wasn't going to write about myself and knew that i was not going to write about my family. but i wanted to write about an aspect about china and women. those were the 2 things i knew when i began the first book. i was fortunate enough to it stumble upon the silk working women which gave me everything i wanted. it gave me the culture. it gave me a sense of what it meant to be a female chinese women in that time and a sense of empowerment on what they had done. regardless of what they understood they were doing at the time. they didn't know it was a culture that was earning money and living independent of husbands and family that was doing everything against what it meant to be in the chinese culture. i hadn't heard about that and it was perfect. it was exactly what i was looking for. i can go off and preach about the fact they think so many of us asian american authors and asian a
saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think this is what's going to happen. i think it's 50-50 we get a deal. no vacation. no legislation, no vacation. i think that when people get their paycheck at the end of january, they are going to be sho
, americans take out insurance to rebuild their lives. but in china, no such luck. after beijing's worst downpour in decades washed out this home, he and his wife had to borrow $3100 in friends and relatives to rebuild, a small fortune on his meager salary. there's no such thing as homeowners insurance, he says. the industry here has been agreeing over the past decade, but still underdeveloped with private policies largely a foreign idea. in countries like the united states, homeowners insurance replaces pretty much whatever somebody owns. about you but here there is no such guarantees, so people are forced to salvage whatever they can on their own. as more chinese get richer, many are looking for ways two o prot their wealth and lives. >> people are some savings, a first car and all that, typically insurance product is actually a very good product for them. >> right now car insurance is popular. china is expected to become the second largest insurance market behind the u.s. by 2020. and the competition is fierce, still dominated by chinese players like picc. international insurers face
? assembled in china. all apple products are made in china but that's about to change. >> on to the macintosh. >> reporter: ceo tim cook announced today that starting next year one line of macintosh computers will be designed and built in the u.s. cnet says with one like of macs and not the more popular iphone or ipad apple isn't taking a big risk but is making a statement. >> this is a big deal. it's a big differentiator for this company. >> reporter: this is the image apple likes to project happy workers and zealous fans but that image is tarnished by wet shop conditions and low wages and
.s. from china next year and is expected to spend 100 million on the instore thing. tim cook did not say which products would be produced in the united states but it is expected to go well beyond the simple final. some of the departments building most if not all of the components in the u.s. it's a good pr rule you know all of the negative skrichls they got about their factories in china and labor practices there. maybe other companies will follow suit. >> good to see you this morning. >>> it is 10 minutes after the top of the hour. it is a concert to raise money for sandy victims so why are ticket scalpers making money? >> one group of passengers grounded after experiencing the real life version. can you image? [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >> 13 after the hour. here's what you mi
of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we get it back? >> well, it is a concerted effort to get it back, this project i ta
. charles: not yet. stuart: investors are character out on apple losing market share in china and samsung stepping in and fox and friends host as resident tech guru, here is the question, clayton, has apple lost its cool? and also, netflix in trouble with the sec over facebook status, what? find out why after this break. ♪ [ male announcer ] this is karen anjeremiah. they don't kn it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life togeth where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. gethe mercedes-benz on your wi list at the winter event going o w thugh december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month
over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still illegal under federal law. but the justice department has not said if it will try to block the washington state law or a similar statute in colorado. same-sex marriage also became legal in washington state today, and in maryland. gay and lesbian couples in both states began picking up marriage licenses. those in washington state have to wait three days to be married. same-sex ddings in maryland will begin on january first. maine will legalize the practice on december 29. the three states are the first to approve same-sex marriage by popular vote. in economic news, new jobless claims fell sharply last week, after a temporary spike in the wake of hurrica
in china that make the products. several contract workers jumped to their deaths rather than continue working in china. after media reports, apple began to improve conditions. >> they love the computers but we were talking about that over dinner and saying, you know, i don't know. it's not conscious consumerism which is what we're looking at. where is your money going, what is it supporting? people jumping off buildings? >> reporter: made in america may be an emerging trend but apple isn't the first. its rival google announced last summer that its new media streaming device called the nexus q is made in the u.s. speculation is rampant about what computer and where in the u.s. apple will manufacture its former assembly plant in elk grove one possibility. although some see apple's decision as a public relations move, one user says it's right for the times. >> i hope it's something tangible. this is also for the stakeholders. people on the ground actually working on the apple phones. >> reporter: low wages and low fuel costs were the main forces driving companies to start manuf
in the forecast. >>> most foreign markets are down this morning. china overnight one of the few indexes that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings
because of the situation in china, where so many apple products are assembled by skilled workers. there's been trouble and cook traveled there after harsh criticism of poor working conditions and low wages. the situation was later parodied on "snl" by cast members who actually make up the heart of apple's demographic. >> oh, no, talk about apple now. it's no work, right? you want starbucks to take you to duncan dkin' donuts? >> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these
production of the mac line from china become here to the u.s. it was earlier this year when asked about the factories they used to have here in america that tim cook talked about possibility of bringing manufacturing back. >> there isome manufacturing revive vaal in the u.s. will there be an apple product made in the united states? >> i want there to be. >> reporter: a promise there will be. at the factories in china they make 40% of the world's electronics where this year, bill welir. took you inside. apple moving their macs to america, represents a small part of the overall product line. cook made the point before that key components of the iphone for instance are made in america. the processor made here. glass in kentucky. >> it says on the back of an apple product, designed in california, assembled in the united states. >> several part are from the united states. >> reporter: apple is joining a trend, the wave of american companies, beginning to rethink their strategy of where their manufacture their products. chinese wa chinese wages have risen 15 to 20% a year. reason to come back
issue of syria. the western countries have one position. russia and china have another. both sides actually need to move. holding on to positions that do not work. and the absence of a security council resolution means the joint u.n./terribly peace mission -- the joint u.n.-piece -- the joint u.n.-arab league peace mission is at a standstill it is hard for them to make progress. if they cannot make progress, then as things began to fragment here, more people die and the big worry is that syria might even descend into being a failed state. >> and now we go to retired general james dupnik at the institute for the study of war. thank you for coming in, general. how much do we know about what the syrians have in terms of chemical weaponry? >> i'm sure our intelligence agencies know a lot more than we do in reading the newspaper. but there's always a degree of ambiguity. we know 85% to 90 percent of what they are duly, but -- to 90% of what they are doing, but there's always an element of the unknown gruden >> what of their storage facilities? >> i think we would know about -- about the
unfortunately jeffery is on at plain back to china and condition make it back tonight. specifically i would like to talk about how this project will help achieve these goals. first goal of the lan is really to create density for both office and residential density close to transit and you can see on this map all of the planned area that can achieve that density this is the 181 free month site that will connect to the terminal and the another ghoul to sis to improve the street space and this is-rendering showing what those might be and perhaps more importantly the plan puts into place mechanisms to play for these improvemnt and is public impact fees and contributions that the project will have and these are new tees associated with the plan and these had help to pay for the stir park and open space inside and outside of the district as well as other public introoivelts and you can see the total contributions are over $90 million of which half of these are associated with the transit plan. and so zoning in on the site it's near the corners of free hospital and howard street directly shown in the
with that speaks to the buildings is that these almosts the fire elements the bank of china in hong kong you cannot miss thinking of the building when you see this design it's impossible for anybody who has been in hong kong or looks at architectural publication and i'm not interested in seeing 12 buildings compete for attention when it comes to celebrating the transit district as a lace with the tallest building being indeed ceasar palace on it's own and we are setting it up right now with relatively language language with the first kid coming on the block trying to speak me, here i am and as an idea that is perhaps okay, i think feet long run, i'm not interested that the new transit center district starts to replicate what we have in shanghai or other places that have tall buildings than other other merit than screaming for attention on it's own and i hope that we can do better and set it up in a setting of a larger whole and that is larger buildings and making the transit center importantly and it's a powerful collective voice which in a certain washings i hope this building could get a little m
manufacturing jobs will be returning to the u.s. due to the rising wages in china. the news comes a day after apple posted its worst stock drop in four years. it did rebound today. >>> the ongoing battle between apple and samsung continued in court today after a patent lawsuit. a judge appeared to be ready to cut down some of the billion dollar jury verdicts which apple recently won over samsung. the judge said the amount may be trimmed because the jury miscalculated damages. samsung is seeking an entirely new trial while apple is arguing for more money. >>> fog is starting to form around portions of the bay area as we take a look outside from the golden gate. this viability is not bad here. but we are seeing reduced visibility in napa, santa rosa. the fog is going to continue to form in other portions of the bay area, mainly our inland valleys and along the dealt -- -- the delta. temperatures in the 40s in a number of locations. concord, fairfield. >>> the new twists surrounding software mogul john mcafee. plus three people behind bars charged in connection to a series of toll booth robberi
years. it is because of the free trade with china that is killing us. we are going to go bankrupt because of that. we need to put tariffs on china and bring jobs back to the country. host: are these things you think congress can tackle until the next couple of weeks before we hit the deadline? i think we lost brian and there. a comment from this but talking about the fiscal cliff issue. -- a comment from facebook talking about the fiscal cliff issue. i want to show you a bit this morning of president obama in an interview with the bloomberg tv on tuesday talking about where he is in the debate. [video clip] >> i did not expect republicans to agree to any plan where they are betting that the entitlement reform will happen. we will have to have specific downpayments now recognizing we will have to continue to work to see if we can come up with better ideas to reduce health- care costs over the long term. that is the framework we are operating on. within that framework, i am happy to be flexible. i recognize i will not get 100%. i will not agree to a plan a in which we have some reve
.6 percentage points. they cited a drop in exports stemming from a territorial dispute with china. the bank officials say southeast asian economies are supported by solid domestic demand. they added the countries are relatively unaffected by the debt woes in europe. >>> as if to back up the ad bcs's projection, japan's economy remained out of steam in october. the latest key economic indicator fell for the seventh straight month. the cabinet office says the coincidence index of the economy ticked down 0.9 points from september to 90.6. the index tracks the current state of the economy and reflects activities like industrial output and employment. government officials trace the decline to the global economic slowdown. they said shipments of tvs and some other products suffered during the month. they downgraded their assessment of the economy to worsening for the first time since march 2009. >>> the operator of the fukushima daiichi nuclear plant has released information about the doses of radiation workers were exposed to at the plant. tokyo electric power company had earlier submitted the s
your apple l products are made in china. you may have not that but it's about -- known that but it's about to change. they will start assembling one of their mass computer models here in the usa. analysts are calling this a big move. >> for apple l to step out and say this is something they want to do, they want to manufacture here in the united states, it's a big deal. and it's a big differentiator for this country. >> the plan did make apple products before the company moved production overseas. >>> zynga is a leader in virtual poker but it wants to get into real money gambling. they filed an application with the nevada gaming parole board, a process that could take up 18 moments. shares rose 17% after that announcement. >>> encouraging news on diet and breast cancer. micro nutrients found in fruits and vegetables have cancer fighting properties. women who eat fresh produce may reduce their risk. there is evidence that the micro nutrients keep tumors from growing as well. there's new evidence that pro teen can help reduce muscle loss. they discovered proteins that help muscles gr
fine 79 and boxer and. >> >> we're going to thank all of our community members and from china town and all of them have worked very hard. these are not easy projects. they're very complicated and people had to work at the highest levels to make sure that every aspect worked, and a person who has worked tirelessly for 20 years and we join in celebrating 25 years of being in our congress and sought at every stage to make sure these funds were projected, to make sure we're doing our part, that congress is doing their part, all of the federal agencies, the person that first called me to share the news we're out of the white house and into the congress and wait our magical 60 to 90 days and lees give a warm welcome leader nancy pelosi. [applause] >> who is also keeping track on the giants. >> you know mr. mayor i always listen attentively to every world you say but i know you want me to say it's the bottom of the ninth and one out and in a matter of minutes we have another cause for celebration and you said jam san francisco didn't happen last week. we may have another potential for
and the china chamber of commerce and the san francisco chamber of commerce and the market street association and the business improvement district and joe an hayes and mike from the building and trades construction council. anytime i get a chance to speak on the mta board i say i am so proud of what we do and we move 700,000 people in the city and it's a difficult task. we have a wonderful staff. we are privileged to have the talent of ed of course for his leadership and i couldn't tell you how proud i am to work with the people on the board of directors and christine, the newest member. and the other members and malcolm couldn't be here today but we are proud to work together on behalf of the people of the city and we are happy to have john fung head this up and behalf of the board and all of us and thank you mr. secretary. mr. administrator. senator feinstein, leader pelosi, congress woman spear and mayor lee and thank you all for being here and now it's time to make it official. it's sign that document. okay. [applause] >> thank you tom. and as we're getting ready to sign this gran
conditions in china. >>> and the u.s. mint will end sails of coins commemorating the anniversary of the writing of the star spangled banner. they depict the battle of baltimore and they will be available until december 17th. >>> news time is 5:49. and the coast guard will remember the attack on pearl harbor. it will take place on the inner harbor. and one of the fighting ships during the attack was decommissioned 25 years ago. it is permanently docked along side pier 6 and has been on display as a memorial. now, the event today starts at noon. >>> well if you want to see how the governor lives you gate chance tomorrow. there will be a holiday open house. it will take place at the government house in annapolis. it runs from 1 to 4. >>> on sunday, jewish leaders will welcome in hanukkah. the festival of lights commemorates the rededication of the holy temple in jerusalem. it starts tomorrow but it is going to be lit in the square on sunday night. the old testament holds that the menorah is burned for eight days despite only having enough oil to sustain it for one. >>> and on sunday
and another room, some guy from china just plays some buys. >> he wanted some of the rare american games. >> now he has out groan his house and is moving to a store front across the street. >> it's a piece of culture. this is a big part of what america is right now. >> so from the spare to the dining room to the den to back outside where you name the game business burns rightly. >> i couldn't have imagined we would be able to do this. >> brian's company is called you name the game and you can find them online and facebook. we how old love to chat about hard to find video games he has. >> that's impressive. well, the radio will not sound the same tomorrow morning on mix 106. something will be missing. that is jojo. his contract would not be reknewed. he has been with them for 18 years. >> he is going the be missed, but he will have no problems getting a job. he buzz great for this town. what a great business huh? >> you going to be here tomorrow? [laughter] >> just one minute, we will be back with more abc2 news. >> did you skip black friday? we have smart shopping tips. >> and temperatur
words next year, made in america. right now the macs are made in china. it is a new wave of think hog say the cost of shipping finished products does not add up. >>> welcome to the national fruit cake month. yes, december, we're seven days in. when uncle larry comes, can you thank or curse the romans. it was called raisins and pine nuts. but lost over the years though is something that make those heavy breaks of cake more enjoyable. you see in the old days they were soaked in brandy to preserve them and prevent mold. now most mass produced fruit take does not come with alcohol. unless you include the six pack that uncle larry brings. >>> we're guilty of it, sharing office gossip around the water cooler. >> everyone is guilty, why it is not encouraged. good morning maryland starts now. >>> it made headlines now one of the people convicted in the beating will face a jung today. >>> the former mayor is in trouble. the faces she is facing. >>> a day will be remembered. how baltimore will commemorate the anniversary of japan's attack on pearl harbor, friday, december 7th. >> and thank you
safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so that to reward companies like apple that do bring their manufacturing here and to punish those who keep exploiting the jobs. >> this is "the bill press show." about global warming. they just want to shut it down and go home. ed is calling from frederick maryland. museum >> bill: good morning. exciting issue. from financial regulation, iran that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. [ music ] >> this is the "full-court press," "the bill press show," live on your radio and on current tv. >> bill: now 33 minutes a
by using cheaper labor in china. china's also got middle managers to run the factories. chinese workers have been trained in skilled positions for decades. those same skilled positions have nearly vanished here in the united states. and chinese labor is the reason apple can afford to train americans and pay american wages right now. look at this apple's net income. $41.7 billion over the last 4 quarters. that ain't bad. in fact, that's almost $7 billion more than the next six companies combined. microsoft, ebay, google, yahoo! facebook, and amazon. they can't keep up. cheap chinese labor helped apple make almost $50 billion in the next fiscal quarter, alone. those profits allow apple to finally do the right thing. they're going to hire more americans. the ceo says he feels the company has a responsibility to create jobs. we wish more ceos would show that economic patriotism. it's a heck of a start. let's bring in e.j. dionne, msnbc contributor and "washington post" columnist and author of the book "our divided political heart." e.j., we need more stories like this. what kind of skilled
in this country. we're better than china. meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to my college chum grover norquist. i thought bill gates and chief justice roberts were powerful. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to borrow a phrase from my own rant last time we were on the brink of a
in the economy. certainly europe's not any help. what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i would argue
are most proud of is the fact that we still import more product from europe than we do from china. so you are talking about artisan product, product that has a story to it. that's special. you don't see that in retailing in america. >> reporter: stores like sur la table are expected to be one of the few bright spots in an otherwise lackluster holiday season for merchants. in fact, some experts think home goods will be hotter than toys this holiday season. ibm projects home goods will see the strongest sales growth this year, up over 6%. that's far more than toys and electronics. >> you may ask yourself, why home? we think home is up because of a lot of things-- things like the changing demographic of the home itself. there's a stat that says that 41% of those between 25 and 29 are living back at home. >> reporter: but there also a second reason. >> we think that this holiday people are buying what they need vs. what they want. >> reporter: which had me wondering what's on jack schwefel's wish list this holiday season. it wasn't this $5,500 coffee maker. >> there are some new knives that i
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